Description
BSE suspends trading in KMIL commercial paper (ISIN: INE975F14B59) effective August 4, 2025 due to maturity on redemption date.
Summary
BSE has suspended trading in commercial paper of Kotak Mahindra Investments Limited (scrip code 729916, ISIN: INE975F14B59) effective August 4, 2025, as the instrument matures on the redemption date.
Key Points
- Commercial paper of Kotak Mahindra Investments Limited to be suspended from trading
- Scrip Code: 729916
- ISIN: INE975F14B59
- Suspension effective from August 4, 2025
- Reference: DR-687/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a routine operational measure for maturing debt instruments.
Compliance Requirements
- Trading members must not deal in the aforementioned commercial paper from August 4, 2025
- Trading members are requested to take note of the suspension
Important Dates
- Notice Date: August 1, 2025
- Suspension Effective Date: August 4, 2025
- Maturity/Redemption Date: Not explicitly specified but occurs around suspension date
Impact Assessment
Minimal market impact as this is a routine suspension of a single commercial paper issue due to natural maturity. Standard procedure for debt instruments reaching redemption date.
Impact Justification
Routine suspension due to maturity of single commercial paper issue with limited market impact